Post by
guerreiro on Sep 03, 2014 12:40am
??? Is IMC dangling the CARROT; how long.
It is amazing; IMC requested for a Preliminary Economic Assessment (PEA) on the Sandong mine a few years ago and here we are trading at .09/.10 cents and shareholders are still kept in the dark. ( most companies do daily shareholders progress reports on their ongoing projects WOF does it once a month as required by CSE). ( Some say that CSE is a joke and only mismanaged companies seek to be listed on CSE as they woud be delisted from TSX for compliance on the communication requirements to the shareholders).
As I understood the Environmental Assessment Process with the Korean Government for the project was approved.
I SAY; "WOF" Should not rush funding and development of the mine at the expense of Shareholders and minimize dilution as muh as possible.
Again; today's trading appear to be another holdback of the stock for a possible additional dilution of the stock. ( Who is going to benefit this time) ???.( Here we again !!! when will the dilution stop???).
Do your DD
Comment by
GaiusGermanicus on Sep 03, 2014 8:30pm
Some would, in almost all such cases, be right.